Accounting firms that don't keep up with artificial intelligence risk falling behind their own clients, says Madeline Reeves, founder and CEO of Fearless Foundry.

AI tools cannot be the preparer of a tax position. They cannot be subject to Circular 230, defend a study under exam or be professionally disciplined.

Puzzle announces AI Suite for month-end close; MyCPE One announces CPE Wallet for automating CPE management; Sam's List rolls out Concierge Launch; and other accounting tech news and updates.

The firms that benefit most are not treating AI as a replacement for the accountant's judgment. They are treating it as infrastructure: the parts that should have been automated years ago finally being automated.

If things continue at this pace, it won't be surprising if CPA firms have a 40-to-one agent-to-human ratio in the near future and need a new operating model.

AI-coded apps are changing the dynamics between software vendors and accounting firms, but the market impact so far has been small.

Financial reporting and automation solutions provider Inscope announced a new release that uses agentic AI to produce a review-ready disclosure checklist.

AI is shifting the economics of build-versus-buy as more firms turn to apps created not by software vendors but by code generators such as Claude, Replit, or Cursor.

The billable hour was always just a stand-in for something harder to measure. AI has finally made that obvious.

The time saved by using AI is being eroded by the time spent verifying its outputs.

Jordan's Revenge; generative AI; faulty assumptions; and other highlights from our favorite tax bloggers.

New features and updates include a revamped Reconciliation Rules engine.

For most of the last 40 years, running a tax and accounting firm was a peacetime job. That's not the case anymore.

Ernst & Young is expanding its use of artificial intelligence to make the tax preparation process more efficient, while also recognizing its limitations.

Plus, CCH Axcess adds complex document ingestion and interpretation; TaxStatus launches Planning Observations to automate discovery; and other accounting tech news and updates.

The IRS against which your clients filed last year is not the same agency reviewing their returns today.

Your accounting firm's clients are counting on you to understand fraud risk in the Age of AI.

Accountants are no longer just educating clients about tax law, but actively dismantling AI-generated fiction before it turns into audit-triggering liability.

Guidance from the IRS on AI captures only part of the picture. The obligations it describes are real and enduring. What it does not fully address is how the frameworks for meeting them were built for a different generation.

AI will change the first few years of an accounting career but doesn't reduce the need for people who understand the numbers. In many ways, it raises the bar.